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According to Fortune Global 500, Wal-Mart is the largest public corporation by revenue in the world. Wal-Mart’s international operations currently comprise 2980 stores in 14 countries outside the United-States. It operates in numerous countries like Mexico, UK, Argentina, Brazil, Puerto Rico, China, India, Germany, South Korea and so on. This fascinating company was founded by Sam Walton. Sam Walton was born in Kingfisher, Oklahoma. Sam was an achiever since the childhood. In 8th grade, he became the youngest Eagle Scout in Missouri’s history. He opened the first Wal-Mart in Rogers, Arkansas in 1962. When he started working as a businessman, he developed skills of acquiring discount merchandising by buying wholesale goods for the lowest prices suppliers. This is the strategy Wal-Mart still uses to pass on savings to his customers, which drives up the sales volume. Higher volume allows Wal-Mart to negotiate even lower purchase prices with the wholesaler on further purchases. The journey of becoming the world’s largest retailed was over in forty years. Walton’s vision came true due to the unique business model Wal-Mart has. Its business model consists of selling extensive variety of merchandise at “always low price.” Wal-Mart has about 1.8 million employees worldwide. The current CEO and president of Wal-Mart is H. Lee Scott. Under his leadership, Wal-Mart has sustained its position as the largest retailer in the world based on revenue, but its share price has fallen 22%. Wal-Mart operated in retail industry. It has a market cap of $ 232 billion. “Walmart helps people around the world save money and live better -- anytime and anywhere -- in retail stores, online and through their mobile devices.”- This is Walmart’s goal. Under suspicious or unethical ways, they are the lowest price guaranteed in the market place. The company appeals the basic needs of consumers by selling basic...

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...An annual report is also often referred to as a company's annual financial report. An annual report consists of four major parts, each of which can be broken down into specific areas pertaining to the business in question. These four sections reveal the business's financial status in terms of earnings, spending, debt and long-term assets.
The first main section of Walmart’s annual report is assets. The company's assets are often presented in a category near the beginning of the annual report. The assets show how much the company owns both in terms of short-term and long-term assets. Long term assets can include property or investments, so the value may change over time for both the better and the worse. The assets should be broken down in terms of monthly value, so readers can easily identify where the numbers come from and identify when and where an asset may increase or decrease in value.
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Monthly expenses are the third...

...Introduction
Wal-Mart Stores, Inc. (branded as Walmart) is an American public corporation that runs a chain of large, discount department stores. It is the world's largest public corporation by revenue, according to the 2008 Fortune Global 500. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. Wal-Mart is the largest private employer and the largest grocery retailer in the United States. It also owns and operates the Sam's Club retail warehouses in North America.
The key features of Wal-Mart's approach to implementing the strategy put together by Sam Walton emphasizes building solid working relationships with both suppliers and employees, being aware and taking notice of the most intricate details in store layouts and merchandising techniques, capitalizing on every cost saving opportunity, and creating a high performance spirit. This strategic formula is used to provide customers access to quality goods, to make these goods available when and where customers want them, to develop a cost structure that enables competitive pricing, and to build and maintain a reputation for absolute trustworthiness.
Main reason for choosing a Wal-Mart, for this project is, Wal-Mart is more than just the world's largest retailer. It is an economic force, a cultural phenomenon and a lightning rod for controversy. However, none of these have done much more than scrape the exterior of this gigantic...

...Organizational Analysis
Wal-Mart is a family owned business that was founded by Sam Walton on July 02, 1962 in Rogers, Arkansas. It is the nation largest retail discount store in the world with 4,500 stores in the United States and more than 10,150 worldwide. Within five years of being in business, the company expanded to 24 stores ringing up 12.7 million in assets. In 1969, Wal-Mart officially became incorporated as Wal-Mart Stores, Inc and became a publicly traded company in 1970 (www.corporate.walmart.com, 2012). Wal-Mart Stores, Inc. focused on the growth and expansion of the corporation, which is called a growth strategy (DeNisi, 2012), and they opened their first distribution center and home office in Bentonville, Arkansas. In 1972, they were listed on the New York Stock Exchange and with 51 stores their recorded sales was $78 million. By 1980, Wal-Mart reached $1 billion in annual sales with 276 stores and 21,000 employed associates. Continuing with the growth strategy, Wal-Mart opened the first Sam’s Club in Midwest City, Oklahoma and with sales steadily increasing they celebrated its first 100 billion sales year in 1997 (www.corporate.walmart.com, 2012).
Wal-Mart rich heritage define who they are and what they do today. Due to their innovative thinking, leadership through service and commitment to saving their customers money so they can live better have made the business what they are today and are shaping the future of the company...

...1. What, historically, have been Wal-Mart's sources of success and competitive advantage in discount retailing?
Background
Wal-Mart is the world’s largest retailer and consumer products chain. The first Wal-Mart store opened July 2, 1962 in Rogers, Arkansas. Within 5 years, the company expanded to 24 stores across Arkansas with total revenues of $12.6million. By 2005, Wal-Mart had a total of 5289 stores, with 1587 of them being international spread across all the states in US and across 15 countries worldwide. The total revenues had reached $285 billion. Sam Walton was the founder of th Wal-Mart. He was succeeded by David Glass in 1992. After David’s retirement in December, 2000, Lee Scott was chosen as Wal-Mart’s third president and CEO.
Wal-Mart’s part of strategy was operating on a multiple store format. They came up with four different retail concepts: Wal-Mart Discount Stores, Supercenters, Neighborhood Markets and Sam’s Club.
The merchandize
house wares, consumer electronics, sporting goods, lawn and garden items, health and beauty aids, apparel, home fashions, paint, bed and bath goods, hardware, jewelry, automotive repair and maintenance, toys and games, and groceries.
Focused Low Pricing Strategy
From the very onset, they are very clear about their strategy of keeping their prices lower than their immediate competitors
• Capture economies of scale: Wal-Mart understood the concept before their competitors, that in retail industry, economies of...

...ASSIGNMENT
SUPPLY CHAIN MANAGEMENT
TOPIC
SUPPLY CHAIN MANAGEMENT IN WAL-MART &amp; AMUL
WAL-MART’S SUPPLY CHAIN MANAGEMENT
Wal-Mart Stores, Inc.
(branded as Walmart) is an American public corporation that runs a chain
of large, discount department stores. It is the world's largest public corporation by revenue,
according to the 2008 Fortune Global 500. The company was founded by Sam Walton in 1962,
incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. Wal-
Mart is the largest private employer
and the largest grocery retailer in the United States. It also
owns and operates the Sam's Club retail warehouses in North America.
Walmart operates in Mexico as Walmex, in the United Kingdom as Asda, in Japan as Seiyu, and
in India as Best Price. It has wholly-owned operations in Argentina, Brazil, Canada, and Puerto
Rico. Wal-Mart's investments outside North America have had mixed results: its operations
in South America and China are highly successful, while it was forced to pull out
of Germany and South Korea when ventures there were unsuccessful.
Conversely, others point out that Wal-Mart's rapid growth and logistical efficiency has enabled it
to bring lower prices to consumers and more low paying jobs and new small businesses to the
communities in which it operates.
WAL-MART’S SUPPLY CHAIN
Procurement and distribution
Wal-mart always emphasized the need to reduce its purchasing costs and...

...than 200 million times per week. This large organization serves them in the ways they want to be served – in retail outlets, online and on mobile devices. Wal-Mart operates under 69 different banners in 27 countries. With fiscal year 2012 sales of approximately $444 billion, Wal-Mart employs 2.2 million associates worldwide. (Wal-Mart Corporate) Since the first Wal-Mart store opened in 1962 in Rogers, Arkansas, they have been dedicated to making a difference in the lives of their customers. Wal-Mart’s business is the result of Sam Walton's visionary leadership, along with generations of associates focused on helping customers and communities save money and live better. This rich heritage defines who Wal-Mart is and what they do today. (Walmart Heritage) What I have intended to do in this research paper is the give a brief history, a SWOT analysis, and description of some of the problems Wal-Mart has and will face.
Wal-Mart as we know it today evolved from Sam Walton’s goals for great value and great customer service. “Mr. Sam,” as he was known, believed in leadership through service. This belief that true leadership depends on willing service was the principle on which Wal-Mart was built, and drove the decisions the company has made for the past 50 years. So much of Wal-Mart’s history is tied to the story of Sam Walton himself, and so much of the company’s future will be rooted in Mr. Sam’s principles.
Sam Walton was born in 1918 in...

...Wal-Mart was established in 1962 at Rogers, Arkansas, and seven years later was incorporated into Wal-Mart stores, Inc and afterwards in 1972 it went publicly on the New York stock exchange. The Wal-Mart brand grew steadily across the United States, and by the being of the 1990’s it was the nation’s largest retailers. By 2002 Wal-Mart brand had surfaced as the largest company in the world in terms of revenues this became possible mainly due to two factors.
First being Wal-Mart’s highly automated distribution centers, which extensively reduced the shipping cost and time, and second factor is its computerized inventory system, which speeded up the checking out time and recording of the transactions. Although Wal-Mart improvements over its competitors have been unquestionable for some time, the sources, and extent, of this advantage are not fully understood (Useem, 2003). Part of the reason for this is that retailers productions function such as the relevant inputs and outputs, and the relationship between them.
What makes Wal-Mart’s advantages core is the technology and scale over its rivals. The company’s technological edge is in its logistics, inventory control, and distribution having installed a computer in its first distribution center in 1969, and by 1970 it connected all the Wal-Mart stores and distribution centers, along with the company headquarters, to a computer network. .
In 1998, the company had over forty distribution center located at different...

...WAL-MART’S COST LEADERSHIP STRATEGY
HISTORY OF WALMART
 1962, Sam Walton starts WAL-MART
 In 5 years expanded to 24 stores revenue more than 12.6 million in sales
 1972, listed in New York Stock Exchange
MARKETS OF WAL-MART (2003)
o Total Sale of Wal-mart o Total Retail Area o Total Employers US $ 313 Billion 663 Million Sq.ft. 1700,000
SALES & INCOME GROWTH (PAST 12 MONTH)
COMPANY
INDUSTRY
SALES GROWTH INCOME GROWTH
12.00% 5.20%
11.50% 5.90%
NET PROFIT MARGINS (%) COMPANY COMPANY 5YEAR AVG. INDUSTRY 3.6% 3.5% 3.6%
WAL-MART TODAY
 Operates 6,500 stores in 15 countries  Serves more than 176 million customers around the globe  Employs 1.8 million worldwide  Health plans insure more than 1 million people  Saves the average American household more than $2,300 per year
Let us start the journey….
1960’s…..
The Success Term was
EDLP
 EVERY DAY LOW PRICING  To provide customers – a wide variety of high quality, branded and unbranded products at the lowest possible price, offering better value for their money
EDLP : The strategy
 To procure products in bulk at the lowest possible prices from the manufacturers  Sharing the savings with customers  Wal-Mart’s products were usually priced 20% lower than its competitors
Wal-Mart’s advertisement describing EDLP said: “Because you work hard for your every dollar, you deserve the lowest price we can offer every time you make a purchase. You...